US cedes little ground on key tariffs in talks with Japan, Nikkei says

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TOKYO :U.S.tariff negotiators appeared reluctant to lower levies on cars, steel and aluminium in a recent meeting with Japanese counterparts - a stance that made the Japanese side feel that cooperation could be difficult, the Nikkei newspaper reported on Friday.U.S.

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During the meeting, Japan explained an outline of measures it would take to reduce its huge trade surplus with the U.S.such as reviewing non-tariff barriers on auto imports and expanding purchases of U.S.agricultural goods, the Nikkei said, citing sources it did not identify.

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Category: EconomyBusiness

Markets: SingaporeJapan

Topics: Mediacorp Photo: Experience Tokyo Nikkei Trade Negotiators Japanese Japan Meeting File

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-02 @ 16:18:03 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 212 words

Reading Time: 2 minutes read

Sentences: 6 lines

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Copyright Owner: © Channel News Asia

News ID: 28318325

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